<SEC-DOCUMENT>0001104659-24-105627.txt : 20241003
<SEC-HEADER>0001104659-24-105627.hdr.sgml : 20241003
<ACCEPTANCE-DATETIME>20241003073315
ACCESSION NUMBER:		0001104659-24-105627
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20241003
FILED AS OF DATE:		20241003
DATE AS OF CHANGE:		20241003

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Canadian Solar Inc.
		CENTRAL INDEX KEY:			0001375877
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33107
		FILM NUMBER:		241349918

	BUSINESS ADDRESS:	
		STREET 1:		545 SPEEDVALE AVENUE WEST
		CITY:			GUELPH
		STATE:			A6
		ZIP:			N1K 1E6
		BUSINESS PHONE:		416-365-1110

	MAIL ADDRESS:	
		STREET 1:		66 WELLINGTON STREET WEST
		STREET 2:		SUITE 4100
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5K 1B7
</SEC-HEADER>
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<TYPE>6-K
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<FILENAME>tm2425428d1_6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>FORM&nbsp;6-K</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER<BR>
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER<BR>
THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of October&nbsp;2024</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number: 001-33107</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>CANADIAN
SOLAR INC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>545 Speedvale Avenue West, Guelph,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Ontario, Canada N1K 1E6</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address of principal executive office)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant files or will file annual
reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;20-F&#8239;<FONT STYLE="font-family: Wingdings">&#120;</FONT>
 &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Form&nbsp;40-F </FONT><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CANADIAN SOLAR INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form&nbsp;6-K</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A HREF="#a_001">Signature</A></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A HREF="#a_002">Exhibit&nbsp;Index</A></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A HREF="tm2425428d1_ex99-1.htm" STYLE="-sec-extract: exhibit">Exhibit&nbsp;99.1</A></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_001"></A>SIGNATURE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">CANADIAN SOLAR INC.</TD></TR>

<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 5%">By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; width: 45%">/s/Shawn (Xiaohua) Qu</TD></TR>

<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>Name: </TD>
  <TD>Shawn (Xiaohua) Qu</TD></TR>

<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>Title: </TD>
  <TD>Chairman and Chief Executive Officer</TD></TR>

<TR STYLE="vertical-align: top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
  <TD>Date: October&nbsp;3, 2024</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
</TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_002"></A>EXHIBIT&nbsp;INDEX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A HREF="tm2425428d1_ex99-1.htm" STYLE="-sec-extract: exhibit">Exhibit&nbsp;99.1 &mdash; Recurrent Energy Announces Closing of $500 Million Investment from BlackRock</A></P>

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<DESCRIPTION>EXHIBIT 99.1
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: white"><B>Recurrent
Energy Announces Closing of $500 Million Investment from BlackRock</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>NEW YORK and GUELPH, ONTARIO, October&nbsp;3,
2024 &ndash; </B><U>Recurrent Energy</U>, a subsidiary of <U>Canadian Solar Inc</U>. (&ldquo;Canadian Solar&rdquo;) (NASDAQ: CSIQ) and
a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment
in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business (&quot;BlackRock&quot;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The transaction, announced in January&nbsp;2024,
has been completed following the receipt of the second and final payment. The first payment took place in June&nbsp;2024. As agreed between
the parties, BlackRock's total investment has reached $500 million, representing 20% of the outstanding fully diluted shares of Recurrent
Energy on an as-converted basis. Canadian Solar will continue to own the remaining majority shares of Recurrent Energy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This milestone enables Recurrent Energy to advance
investment in its high value project development portfolio, supporting its strategic transition from a pure developer&nbsp;to a developer
plus long-term owner and operator in select markets including the U.S. and Europe. This transition will allow Recurrent Energy to generate
more stable long-term revenue in low-risk currencies and capture greater value from its diversified global project development pipeline.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Recurrent Energy is one of the world's largest
clean energy project development platforms with a strong and established track record, having developed, built, and connected over 11
gigawatts (GWp) of operating utility-scale solar projects and 3.7 gigawatt hours (GWh) of energy storage projects across six continents
since 2009.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Ismael Guerrero, CEO of Recurrent Energy,</B>
said, &ldquo;We value our partnership with BlackRock and appreciate their commitment. This strategic partnership positions Recurrent Energy
at the forefront of the renewable energy industry, providing the financial strength necessary to continue developing key solar and energy
storage projects globally, while also supporting our mission to deliver clean, reliable, and affordable power to the world, today and
tomorrow.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>David Giordano, Global Head of Climate Infrastructure,
BlackRock</B>, added, &quot;With this investment from BlackRock&rsquo;s Climate Infrastructure Global Renewable Power Fund IV, Recurrent
Energy is well-positioned to accelerate the growth of its solar and battery storage projects at utility scale in critical, fast-growing
markets. We are eager to collaborate, contributing our expertise to shape a top global independent power producer.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For more information, please refer to Form&nbsp;6-K
filed with the Securities and Exchange Commission on January&nbsp;23, 2024 regarding this investment in connection with the initial transaction
announcement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #212121"><B>***</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>About Recurrent Energy:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Recurrent Energy is one of the world&rsquo;s largest
and most geographically diversified utility-scale solar and energy storage project development, ownership and operations platforms. With
an industry-leading team of in-house energy experts, Recurrent Energy is a wholly owned subsidiary of Canadian Solar Inc.&#8239;and function
as Canadian Solar&rsquo;s global development and power services business. Recurrent Energy has completed the development of 11 gigawatts
(GWp) of operating utility-scale solar projects and 3.7 gigawatt hours (GWh) of energy storage projects across six continents. Recurrent
Energy has more than 26 GWp of solar and 56 GWh of battery storage projects under development.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>About Canadian Solar:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Canadian Solar&nbsp;was founded in 2001 in&nbsp;Canada&nbsp;and
is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules,
provider of solar energy and battery energy storage solutions, and developer of utility-scale solar power and battery energy storage
projects with a geographically diversified pipeline in various stages of development. Over the past 23 years,&nbsp;Canadian Solar&nbsp;has
successfully delivered over 133 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering
the project development business in 2010,&nbsp;Canadian Solar&nbsp;has developed, built, and connected approximately 11 GWp of solar
power projects and 3.7 GWh of battery energy storage projects across the world. Currently, the Company has approximately 1.6 GWp of solar
power projects in operation, 6.5 GWp of projects under construction or in backlog (late-stage), and an additional 20.9 GWp of projects
in advanced and early-stage pipeline. In addition, the Company has 1 GWh of battery energy storage projects in operation and a total
battery energy storage project development pipeline of around 63 GWh, including approximately 8.5 GWh under construction or in backlog,
and an additional 54.3 GWh at advanced and early-stage development.&nbsp;Canadian Solar&nbsp;is one of the most bankable companies in
the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006.&nbsp;For additional information about
the Company, follow&nbsp;Canadian Solar&nbsp;on&nbsp;<U>LinkedIn</U>&nbsp;or visit&nbsp;<U>www.canadiansolar.com</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Safe Harbor/Forward-Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain statements in this press release are forward-looking
statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are
made under the &quot;Safe Harbor&quot; provisions of the&nbsp;U.S.&nbsp;Private Securities Litigation Reform Act of 1995. In some cases,
you can identify forward-looking statements by such terms as &quot;believes,&quot; &quot;expects,&quot; &quot;anticipates,&quot; &quot;intends,&quot;
 &quot;estimates,&quot; the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ
include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry;
geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions
related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage;
future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of
such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as&nbsp;China,
the&nbsp;U.S.,&nbsp;Europe,&nbsp;Brazil&nbsp;and&nbsp;Japan; changes in effective tax rates; changes in customer order patterns; changes
in product mix; changes in corporate responsibility, especially environmental, social and governance (&quot;ESG&quot;) requirements; capacity
utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new
product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion
of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline;
continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of
materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as
described in the Company's filings with the&nbsp;Securities and Exchange Commission, including its annual report on Form&nbsp;20-F filed
on&nbsp;April&nbsp;26, 2024. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable,
it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these
forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and&nbsp;Canadian
Solar&nbsp;undertakes no duty to update such information, except as required under applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top">
  <TD STYLE="vertical-align: middle; text-align: left; width: 33%"><IMG SRC="tm2425428d1_ex99-1img001.jpg" ALT=""></TD>
    <TD STYLE="text-align: center; width: 34%"><IMG SRC="tm2425428d1_ex99-1img002.jpg" ALT=""></TD>
    <TD STYLE="text-align: right; width: 33%; vertical-align: middle">&nbsp;<IMG SRC="tm2425428d1_ex99-1img003.jpg" ALT=""></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Canadian Solar Inc. Investor Relations Contacts</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Wina Huang</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Investor Relations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Canadian Solar Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>investor@canadiansolar.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Recurrent Energy Media Contact</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In&eacute;s Arrimadas</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Recurrent Energy</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>comms@recurrentenergy.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>BlackRock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Christopher Beattie</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">646-231-8518</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>christopher.beattie@blackrock.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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